Jane Jones
Jane Jones Manager at SavvySME

Is it worth it to start your own business?

Share your experience in starting your business.  Were there any hurdles?  

Top voted answer
Steve Gray

Steve Gray, Director at Gray Capital Investments

Top 10% Marketing

Nearly 36 years ago I got started in a design and T shirt printing business. I got talked into it by a mate, he had the gift of the gab I had the 'technical' skills. After a couple of years I took the business name, he took most of the gear.

We didn't get far, drank a LOT of wine, spirits and beer, chatting about what to do next, planning, more chatting and actually not doing much else.

We printed some T shorts and tried to seel them at a Sunday market. I gave many more away than I sold, my friends loked fab in the trendy wincheaters we produced. :)

In the end he didn't do too much and I ended up doing some graphic designs and I got paid, he did nothing so he got nothing... He didn't know I got paid :) It ws all good in the end, other friends said "I told you so!"

I have stareted a bunch of businesses since then learning more along the way. If I was talking to myself all those years back I would probably say this...
- Get smart about marketing, in fact LEARN all you can about it...
- Know your target market, we didn't have a clue.. even at the end! :)
- Systems, policies and procedures rock.
- Create an asset you can sell, even if you don't sell it.
- Create a decent agreement amongst partners.
- Figure out your strengths and weaknesses and work on both!
- Createa plan you can act on...

Yee Trinh

Yee Trinh, Cofounder at

Unfortunately, most of us have had a similar business partner story hey.. Looks like you're doing well now though! Don't work with mates or family is the lesson I've learned, rightly or wrongly. 

Some great tips there btw. Agree with all of them..

User
Jane Jones

Jane Jones, Manager at SavvySME

Would love to get a conversation going around your experiences in starting your businesses.  
@Jef Lippiatt @Meng Lin @Chana Imsirovic @Steve Gray @Maria Bellissimo-Magrin @Katherine MacPherson @Petra Zink @Jasmine Rawlinson 

User
User